Syrma SGS Takes the Lead: Andhra’s PCB Hub Set to Redefine Electronics

Updated: December 01, 2025 22:14

Image Source: Trade Brains

Syrma SGS has begun construction of India’s largest multi-layer PCB plant in Andhra Pradesh, in partnership with Shinhyup Electronics. The ₹1,595 crore project will create over 2,100 jobs, boost local manufacturing, and reduce import dependence, with commercial production targeted for October 2026.

Syrma SGS has officially started construction of India’s largest multi-layer printed circuit board (PCB) manufacturing facility in Naidupeta, Andhra Pradesh, marking a major milestone for the country’s electronics ecosystem. The project, executed through a joint venture with South Korea’s Shinhyup Electronics, is set to create over 2,100 high-skill jobs and is expected to be commissioned by October 2026.

Syrma SGS Technology Ltd. has initiated groundwork for its state-of-the-art PCB plant in the Naidupeta Industrial Zone, Tirupati district. The facility, which will be India’s largest multi-layer PCB manufacturing unit, is being developed through Syrma Strategic Electronics Pvt. Ltd., a subsidiary of Syrma SGS. The investment stands at ₹1,595 crore, with Andhra Pradesh government providing a ₹856 crore incentive package to fast-track the project.

The plant will focus on manufacturing single-layer, multi-layer, HDI/flex PCBs, copper clad laminates, and electronics manufacturing services. Syrma SGS’s JV with Shinhyup Electronics will see Syrma holding a 75% stake and Shinhyup 25%, leveraging Korean engineering precision for high-end PCB production. The facility is poised to significantly reduce India’s dependence on imported PCBs and drive backward integration in the domestic electronics supply chain.

Notable Updates

Syrma SGS begins construction of India’s largest multi-layer PCB plant in Naidupeta, Andhra Pradesh.
The project will generate over 2,100 high-skill jobs, supporting local talent and economic growth.
JV with Shinhyup Electronics brings global engineering expertise to the facility.
The plant is scheduled for commissioning by October 2026, with trial production starting by December 2026.
The project is expected to add ₹6,200 crore to Syrma SGS’s topline in FY2027.

Sources: Business Standard, The New Indian Express, The Hans India, Economic Times, ICICI Direct

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